REGULATION · US
US regulators sign off on large bank resolution plans after 2026 review
Federal Reserve, FDIC, and OCC approved 'living wills' (resolution plans) for systemically important banks, outlining orderly wind-down procedures. Sign-off follows annual review cycle; no major failures flagged.
WHY IT MATTERS
Banks must embed AI into resolution simulation, stress testing, and data governance to pass future reviews. Regulatory tech vendors will see demand surge for resolution-plan automation.
Source: Reuters · 2026-05-22